Current
$5.38B
5-Year Average
$4.36B
All-Time High
$5.79B
All-Time Low
$519M
Market cap daily chart for Black Hills (BKH)
Aug 2, 2021 – Jul 31, 2026 · 1,255 trading days
Market Cap growth chart for Black Hills (BKH) from 2017 to 2026
Latest: +5.9%
Market Cap history table for Black Hills (BKH) from 1985 to 2026
| 2026 | $5.38B | +5.9% | +$302M | ||
| 2025 | $5.08B | +24.2% | +$991M | ||
| 2024 | $4.09B | +13.0% | +$471M | ||
| 2023 | $3.62B | -20.8% | -$954M | ||
| 2022 | $4.57B | +2.3% | +$105M | ||
| 2021 | $4.47B | +16.5% | +$632M | ||
| 2020 | $3.84B | -19.6% | -$938M | ||
| 2019 | $4.78B | +37.0% | +$1.29B | ||
| 2018 | $3.48B | +5.2% | +$172M | ||
| 2017 | $3.31B | +1.3% | +$42.6M | ||
| 2016 | $3.27B | +37.6% | +$893M | ||
| 2015 | $2.38B | +0.3% | +$7.46M | ||
| 2014 | $2.37B | +1.6% | +$37M | ||
| 2013 | $2.33B | +45.6% | +$731M | ||
| 2012 | $1.6B | +19.0% | +$256M | ||
| 2011 | $1.35B | +14.8% | +$173M | ||
| 2010 | $1.17B | +13.8% | +$143M | ||
| 2009 | $1.03B | +0.0% | +$472K | ||
| 2008 | $1.03B | -37.6% | -$620M | ||
| 2007 | $1.65B | +33.1% | +$411M | ||
| 2006 | $1.24B | +7.6% | +$87.2M | ||
| 2005 | $1.15B | +14.1% | +$142M | ||
| 2004 | $1.01B | +9.1% | +$84.6M | ||
| 2003 | $925M | +28.8% | +$207M | ||
| 2002 | $718M | -17.1% | -$148M | ||
| 2001 | $866M | -13.1% | -$131M | ||
| 2000 | $997M | +109.5% | +$521M | ||
| 1999 | $476M | -16.8% | -$96.1M | ||
| 1998 | $572M | +11.9% | +$60.9M | ||
| 1997 | $511M | +25.9% | +$105M | ||
| 1996 | $406M | +14.3% | +$50.8M | ||
| 1995 | $355M | +16.2% | +$49.4M | ||
| 1994 | $306M | -2.4% | -$7.43M | ||
| 1993 | $313M | -16.8% | -$63.2M | ||
| 1992 | $376M | +0.0% | +$79.7K | ||
| 1991 | $376M | +35.0% | +$97.6M | ||
| 1990 | $279M | +6.9% | +$17.9M | ||
| 1989 | $261M | +12.4% | +$28.7M | ||
| 1988 | $232M | +10.0% | +$21M | ||
| 1987 | $211M | +6.9% | +$13.5M | ||
| 1986 | $197M | +8.3% | +$15.1M | ||
| 1985 | $182M | — | — |
- 2026$5.38B+5.9%
- 2025$5.08B+24.2%
- 2024$4.09B+13.0%
- 2023$3.62B-20.8%
- 2022$4.57B+2.3%
- 2021$4.47B+16.5%
- 2020$3.84B-19.6%
- 2019$4.78B+37.0%
- 2018$3.48B+5.2%
- 2017$3.31B+1.3%
- 2016$3.27B+37.6%
- 2015$2.38B+0.3%
- 2014$2.37B+1.6%
- 2013$2.33B+45.6%
- 2012$1.6B+19.0%
- 2011$1.35B+14.8%
- 2010$1.17B+13.8%
- 2009$1.03B+0.0%
- 2008$1.03B-37.6%
- 2007$1.65B+33.1%
- 2006$1.24B+7.6%
- 2005$1.15B+14.1%
- 2004$1.01B+9.1%
- 2003$925M+28.8%
- 2002$718M-17.1%
- 2001$866M-13.1%
- 2000$997M+109.5%
- 1999$476M-16.8%
- 1998$572M+11.9%
- 1997$511M+25.9%
- 1996$406M+14.3%
- 1995$355M+16.2%
- 1994$306M-2.4%
- 1993$313M-16.8%
- 1992$376M+0.0%
- 1991$376M+35.0%
- 1990$279M+6.9%
- 1989$261M+12.4%
- 1988$232M+10.0%
- 1987$211M+6.9%
- 1986$197M+8.3%
- 1985$182M—
Market Cap values are taken from Black Hills's reported income statements (share counts) and end-of-day prices (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Market Cap at Black Hills (BKH)
According to Black Hills's latest reported financial statements, the company's latest reported market cap is $5.25B. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Black Hills (BKH) most recent annual market cap stands at $5.38B (2026) – grew 5.9% year-over-year.
Through 2021–2026 (5 years), Black Hills market cap delivered a +3.8% annualised rate; sustaining 3 straight years of year-over-year growth.
$5.38B stands as the all-time-high annual market cap, posted in 2026, against a low of $182M during 1985.
Black Hills Market Cap by Year
Black Hills Market Cap 2026: $5.38B
Black Hills market cap in 2026 was $5.38B, grew 5.9% from 2025. This figure represents the highest annual value in the available history.
Black Hills Market Cap 2025: $5.08B
2025's market cap for Black Hills came in at $5.08B, grew 24.2% from 2024.
Black Hills Market Cap 2024: $4.09B
Black Hills posted market cap of $4.09B in 2024, grew 13.0% from 2023.
Black Hills Market Cap 2023: $3.62B
In 2023, Black Hills reported market cap of $3.62B, declined 20.8% below 2022.
Black Hills Market Cap 2022: $4.57B
Black Hills market cap in 2022 was $4.57B.
See more financial history for Black Hills (BKH).
Sector peers by Market Cap
Utilities peers of Black Hills (BKH), ranked by their latest market cap
| $264B | |
| $181B | |
| $107B | |
| $97.8B | |
| $94.4B | |
| $69.6B | |
| $60.8B | |
| $57.9B |
- $264B
- $181B
- $97.8B
- $60.8B
- $57.9B
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Black Hills (BKH) Key Financials
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Deep-dives across the income statement, cash flow, capital return, and valuation
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- Stock Split History5 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.